Seaford Credit Union

24488 Sussex Highway, Unit 1
Seaford, DE 19973
(800) 346-7328
www.seafordfcu.com

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Seaford Credit Union is headquartered in Seaford and is the 13^st largest credit union in the state of Delaware. It is also the 3,683^rd largest credit union in the nation. It was established in 1970 and as of December of 2011, it had grown to 14 employees and 5,980 members. Seaford Credit Union has a 3-star health rating.

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See Rates for: Savings | CD | IRA

Seaford Credit Union Savings Account Rates

Apy	Min	Max	Product
0.25%	$200	-	IRA Share Account
0.25%	$200	-	Roth IRA Share Account
0.25%	$200	-	Education IRA Share Account
0.10%	$200	-	Regular Share Account
0.10%	$200	-	Non Person Share Account
0.10%	-	-	Looney Tunes Share Account
0.10%	$200	-	All Other Share Accounts

Seaford Credit Union CD Rates

Apy	Min	Max	Product
1.01%	$2k	-	36 Month Share Certificate
0.76%	$2k	-	24 Month Share Certificate
0.50%	$2k	-	18 Month Share Certificate
0.25%	$2k	-	9 Month Share Certificate
0.25%	$2k	-	12 Month Share Certificate

Seaford Credit Union IRA Rates

Apy	Min	Max	Product
1.01%	$2k	-	36 Month IRA Certificate
1.01%	$2k	-	36 Month Roth IRA Certificate
1.01%	$2k	-	36 Month Education IRA Certificate
0.76%	$2k	-	24 Month IRA Certificate
0.76%	$2k	-	24 Month Roth IRA Certificate
0.76%	$2k	-	24 Month Education IRA Certificate
0.50%	$2k	-	18 Month IRA Certificate
0.50%	$2k	-	18 Month Roth IRA Certificate
0.50%	$2k	-	18 Month Education IRA Certificate
0.25%	$2k	-	9 Month IRA Certificate
0.25%	$2k	-	12 Month IRA Certificate
0.25%	$2k	-	9 Month Roth IRA Certificate
0.25%	$2k	-	12 Month Roth IRA Certificate
0.25%	$2k	-	9 Month Education IRA Certificate
0.25%	$2k	-	12 Month Education IRA Certificate

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

SEAFORD
NCUA #	19930
BankRate Report	View
Year Chartered	1970
Employees	14
Primary Regulator
Assets and Liabilities
Assets	$18.47 million
Loans	$15.84 million
Deposits	$16.82 million
Equity Capital	$1.42 million
Loan Loss Allowance	$219,000
Unbacked Noncurrent Loans	$283,000
Historic Data - December 2010
Assets	$21.13 million
Equity Capital	$1.54 million
Loan Loss Allowance	$209,000
Unbacked Noncurrent Loans	$257,000
Real Estate Owned	$220,000
Profit Margin - Quarterly
Net Interest Margin	7.47%
Return on Assets	-0.61%
Return on Equity	-7.87%
Interest Income	$1.30 million
Non-Interest Income	$374,000

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Seaford Credit Union had $283,000 in non-current loans and owned real-estate with $1.64 million in equity and loan loss allowances on hand to cover it. This gives Seaford Credit Union a Texas Ratio of 17.24% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Seaford Credit Union decreased slightly from 27.35% as of December 31, 2010 to 17.24% as of December 31, 2011, resulting in a positive change of 36.99%.This indicates that the balance sheet and financial strength for Seaford Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Seaford Credit Union has decreased its total deposits by -$2.5 million, resulting in -12.92% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Seaford Credit Union has shown is poor.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Seaford Credit Union has $18.47 million in assets with $1.64 million in equity, resulting in a capitalization level of 8.89%, which is average.

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